There is much debate about cryptocurrency. Is it a scam, or the finance method of the 21st century? Is it a new way to financial security, or the biggest fraud since Charles Ponzi did his thing in the 1920’s? The answer to all those queries could actually be “yes”. The key will be the regulatory scheme that is built to control it.
The financial issues alone are enough of a problem to warrant action and proper regulation. Unfortunately, this is not the only issue. It seems that terrorist organizations are now ripe to take advantage of the regulatory loopholes that exist in many countries. They can leverage the systemic weaknesses to benefit their dangerous and deadly schemes.
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